Vault-13

ABRDN SILVER ETF TRUST SIVR

PHYSCL SILVR SHS · ETP · CUSIP 003264108

158 institutional holders +1 vs Q2 2023
8,252,3188.3m shares reported held*
$175.5mreported value*
23 new 45 added 32 reduced 20 sold out net sold ≈ $56.4m (-2.7m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $21.26. Options: 9 managers hold calls ($4.0m notional), 5 hold puts ($456.7k).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 130Q4 22: 148Q1 23: 151Q2 23: 157Q3 23: 158158Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022130
Q4 2022148
Q1 2023151
Q2 2023157
Q3 2023158

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 22: 59 bought or addedQ4 22: 56 cut or sold outQ4 22Q1 23: 54 bought or addedQ1 23: 62 cut or sold outQ1 23Q2 23: 67 bought or addedQ2 23: 52 cut or sold outQ2 23Q3 23: 68 bought or addedQ3 23: 52 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 20225956
Q1 20235462
Q2 20236752
Q3 20236852

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$2m$4m$6m$8mQ4 22 calls: $7.1mQ4 22 puts: $376.5kQ4 22P/C 0.05Q1 23 calls: $7.3mQ1 23 puts: $1.7mQ1 23P/C 0.24Q2 23 calls: $2.1mQ2 23 puts: $324.8kQ2 23P/C 0.15Q3 23 calls: $4.0mQ3 23 puts: $456.7kQ3 23P/C 0.11
Numbers
QuarterCallsPutsP/C
Q4 2022$7.1m$376.5k0.05
Q1 2023$7.3m$1.7m0.24
Q2 2023$2.1m$324.8k0.15
Q3 2023$4.0m$456.7k0.11

Biggest buyers

Virtu Financial LLC New +157,192+157.2k
CITADEL ADVISORS LLC Added +83,450+83.5k
LPL Financial LLC Added +71,513+71.5k
OSAIC HOLDINGS, INC. Added +52,798+52.8k
OmniStar Financial Group, Inc. Added +49,852+49.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +31,305+31.3k
BANK OF AMERICA CORP /DE/ Added +30,602+30.6k
D.A. DAVIDSON & CO. New +23,742+23.7k
TWO SIGMA SECURITIES, LLC New +22,387+22.4k
BANCO BILBAO VIZCAYA ARGENTARIA, S.A. Added +20,605+20.6k

Biggest sellers

Tradewinds Capital Management, LLC Reduced -1,174,233-1.2m
JANE STREET GROUP, LLC Reduced -1,045,899-1.0m
BANK OF MONTREAL /CAN/ Sold out -412,826-412.8k
American Trust Sold out -167,379-167.4k
WELLS FARGO & COMPANY/MN Reduced -91,469-91.5k
Kestra Advisory Services, LLC Reduced -79,351-79.4k
STIFEL FINANCIAL CORP Sold out -62,151-62.2k
RENAISSANCE TECHNOLOGIES LLC Sold out -55,300-55.3k
ENVESTNET ASSET MANAGEMENT INC Reduced -36,444-36.4k
Worth Asset Management, LLC Reduced -28,388-28.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.8m83.1k shares
WOLVERINE TRADING, LLC Added $763.2k35.9k shares
JANE STREET GROUP, LLC Added $499.6k23.5k shares
SIMPLEX TRADING, LLC Added $280.0k13.2k shares
Patriot Financial Group Insurance Agency, LLC New $276.4k13.0k shares
CITADEL ADVISORS LLC Added $221.1k10.4k shares
GROUP ONE TRADING LLC Added $163.7k7.7k shares
Cutler Group LLC / CA Added $1.0k17.8k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Added $401.8k18.9k shares
GROUP ONE TRADING LLC New $31.9k1.5k shares
SIMPLEX TRADING, LLC Added $23.0k1.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
Cutler Group LLC / CA Unchanged $0100 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Insider purchases and sales in Q3 2023

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q3 2023.

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 760,392760.4k $16.2m $16.2m 0.03% Reduced -16.8k -16,824
2 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 604,361604.4k $12.8m $12.8m 0.00% Added +30.6k +30,602
3 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 519,377519.4k $11.0m $11.0m 0.01% Added +71.5k +71,513
4 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 435,442435.4k $9.3m $9.3m 0.00% Reduced -91.5k -91,469
5 UBS Group AG 0.00% of their portfolio ZURICH, V8 396,391396.4k $8.4m $8.4m 0.00% Reduced -20.8k -20,770
6 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 390,340390.3k $8.3m $8.3m 0.04% Added +7.8k +7,803
7 Systelligence, LLC 2.11% of their portfolio BLOOMINGTON, MN 353,306353.3k $7.5m $7.5m 2.11% Reduced -5.4k -5,398
8 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 304,043304.0k $6.5m $6.5m 0.01% Reduced -1.0m -1,045,899
9 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.08% of their portfolio Madrid, U3 280,746280.7k $6.0m $6.0m 0.08% Added +20.6k +20,605
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 269,522269.5k $5.7m $5.7m 0.00% Added +9.4k +9,370
11 AMG National Trust Bank 0.20% of their portfolio GREENWOOD VILLAGE, CO 262,894262.9k $5.6m $5.6m 0.20% Added +3.2k +3,180
12 World Investment Advisors 1.01% of their portfolio LINCROFT, NJ 239,908239.9k $5.1m $5.1m 1.01% Added +9.7k +9,686
13 OmniStar Financial Group, Inc. 5.13% of their portfolio Wilmington, NC 203,141203.1k $4.3m $4.3m 5.13% Added +49.9k +49,852
14 Gradient Investments LLC 0.11% of their portfolio ARDEN HILLS, MN 197,462197.5k $4.2m $4.2m 0.11% Reduced -9.8k -9,779
15 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 163,707163.7k $3.5m $3.5m 0.00% Added +991 +991
16 Virtu Financial LLC 0.33% of their portfolio New York, NY 157,192157.2k $3.3m $3.3m 0.33% New
17 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 148,931148.9k $3.2m $3.2m 0.00% Added +52.8k +52,798
18 Pettinga Financial Advisors LLC 0.91% of their portfolio EVANSVILLE, IN 141,220141.2k $3.0m $3.0m 0.91% Added +1.1k +1,150
19 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 124,178124.2k $2.6m $2.6m 0.00% Reduced -1.5k -1,485
20 180 WEALTH ADVISORS, LLC 0.59% of their portfolio FEDERAL WAY, WA 123,255123.3k $2.6m $2.6m 0.59% Added +3.9k +3,862
21 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 122,090122.1k $2.6m $2.6m 0.00% Reduced -36.4k -36,444
22 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 116,451116.5k $2.5m $2.5m 0.01% Reduced -2.2k -2,220
23 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 109,453109.5k $2.3m $2.3m 0.00% Added +83.5k +83,450
24 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 99,92299.9k $2.1m $2.1m 0.00% Added +20.1k +20,065
25 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 91,95192.0k $2.0m $2.0m 0.00% Added +6.8k +6,835
26 Cetera Advisor Networks LLC 0.01% of their portfolio EL SEGUNDO, CA 74,04374.0k $1.6m $1.6m 0.01% Added +20.5k +20,500
27 Richard C. Young & CO., LTD. 0.22% of their portfolio NEWPORT, RI 73,51073.5k $1.6m $1.6m 0.22% Reduced -3.7k -3,691
28 Marble Harbor Investment Counsel, LLC 0.18% of their portfolio BOSTON, MA 62,80062.8k $1.3m $1.3m 0.18% Added +200 +200
29 Apeiron RIA LLC 0.40% of their portfolio Dallas, TX 55,25855.3k $1.2m $1.2m 0.40% Added +2.5k +2,513
30 BOS Asset Management, LLC 0.81% of their portfolio SPRINGFIELD, IL 52,18352.2k $1.1m $1.1m 0.81% Reduced -18.3k -18,300
31 MYECFO, LLC 0.71% of their portfolio La Jolla, CA 48,12548.1k $1.0m $1.0m 0.71% Reduced -1.5k -1,540
32 Mission Creek Capital Partners, Inc. 0.33% of their portfolio SAN FRANCISCO, CA 45,77845.8k $973.2k $973.2k 0.33% Added +1.0k +1,047
33 Legacy Wealth Asset Management, LLC 0.30% of their portfolio WOODBURY, MN 38,30738.3k $814.4k $814.4k 0.30% Reduced -8 -8
34 FLOW TRADERS U.S. LLC 0.03% of their portfolio NEW YORK, NY 34,21934.2k $727.0k $727.0k 0.03% Added +9.3k +9,291
35 Vontobel Holding Ltd. 0.01% of their portfolio ZURICH, V8 32,20032.2k $684.6k $684.6k 0.01% Unchanged
36 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 32,16832.2k $683.9k $683.9k 0.01% Added +6.1k +6,146
37 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 31,30531.3k $665.5k $665.5k 0.00% New
38 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 30,16330.2k $641.3k $641.3k 0.00% Unchanged
39 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 28,72928.7k $610.8k $610.8k 0.00% Added +1.6k +1,607
40 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 28,34928.3k $602.7k $602.7k 0.00% Unchanged
41 Cyndeo Wealth Partners, LLC 0.06% of their portfolio ST. PETERSBURG, FL 26,75126.8k $568.7k $568.7k 0.06% Added +281 +281
42 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 26,26326.3k $558.4k $558.4k 0.00% Added +1.7k +1,708
43 SYNOVUS FINANCIAL CORP 0.01% of their portfolio Columbus, GA 26,00726.0k $552.9k $552.9k 0.01% Unchanged
44 HARBOUR INVESTMENT MANAGEMENT LLC 0.32% of their portfolio EDMONDS, WA 26,00026.0k $552.8k $552.8k 0.32% Unchanged
45 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 25,26125.3k $537.0k $537.0k 0.01% Added +700 +700
46 IFG Advisory, LLC 0.04% of their portfolio ATLANTA, GA 24,57524.6k $522.5k $522.5k 0.04% Reduced -300 -300
47 Retirement Group, LLC 0.22% of their portfolio SAN DIEGO, CA 24,31024.3k $516.8k $516.8k 0.22% Unchanged
48 Acorn Wealth Advisors, LLC 0.34% of their portfolio Grand Blanc, MI 24,18824.2k $514.2k $514.2k 0.34% Added +559 +559
49 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 23,74223.7k $504.8k $504.8k 0.01% New
50 WT Wealth Management 0.22% of their portfolio SCOTTSDALE, AZ 23,73023.7k $504.5k $504.5k 0.22% Added +515 +515
51 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 22,65222.7k $481.6k $481.6k 0.01% Added +13.4k +13,415
52 M&T Bank Corp 0.00% of their portfolio BUFFALO, NY 22,60022.6k $480.5k $480.5k 0.00% Unchanged
53 TWO SIGMA SECURITIES, LLC 0.02% of their portfolio NEW YORK, NY 22,38722.4k $475.9k $475.9k 0.02% New
54 Summit Trail Advisors, LLC 0.02% of their portfolio NEW YORK, NY 22,18322.2k $471.6k $471.6k 0.02% Unchanged
55 AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio DALLAS, TX 22,12822.1k $470.4k $470.4k 0.01% Reduced -12.9k -12,895
56 Worth Asset Management, LLC 0.37% of their portfolio DALLAS, TX 21,62321.6k $459.7k $459.7k 0.37% Reduced -28.4k -28,388
57 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 20,99321.0k $446.3k $446.3k 0.00% Reduced -79.4k -79,351
58 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 20,78820.8k $442.0k $442.0k 0.01% Reduced -2.8k -2,761
59 Orion Portfolio Solutions, LLC 0.01% of their portfolio Omaha, NE 20,78820.8k $442.0k $442.0k 0.01% Reduced -2.8k -2,761
60 SHEETS SMITH WEALTH MANAGEMENT 0.07% of their portfolio WINSTON-SALEM, NC 20,72620.7k $440.6k $440.6k 0.07% Unchanged
61 Bristlecone Advisors, LLC 0.05% of their portfolio BELLEVUE, WA 19,86919.9k $422.4k $422.4k 0.05% Unchanged
62 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 19,25319.3k $409.3k $409.3k 0.00% Unchanged
63 Betterment LLC 0.00% of their portfolio NEW YORK, NY 19,08419.1k $406.0k $406.0k 0.00% Added +1.3k +1,265
64 Clearstead Advisors, LLC 0.01% of their portfolio CLEVELAND, OH 18,89618.9k $401.7k $401.7k 0.01% Added +9.4k +9,448
65 BUCKINGHAM STRATEGIC WEALTH, LLC 0.01% of their portfolio CLAYTON, MO 18,50018.5k $393.3k $393.3k 0.01% Unchanged
66 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 18,39318.4k $391.0k $391.0k 0.00% Added +3.0k +3,018
67 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 16,75416.8k $356.2k $356.2k 0.00% New
68 INDEPENDENT FINANCIAL GROUP, LLC 0.02% of their portfolio SAN DIEGO, CA 15,74215.7k $334.7k $334.7k 0.02% Reduced -4.1k -4,100
69 SPROTT INC. 0.03% of their portfolio TORONTO, A6 14,76314.8k $313.9k $313.9k 0.03% Unchanged
70 Mutual Advisors, LLC 0.01% of their portfolio OMAHA, NE 14,66314.7k $311.7k $311.7k 0.01% Unchanged
71 Cetera Advisors LLC 0.00% of their portfolio DENVER, CO 14,28414.3k $303.7k $303.7k 0.00% Added +818 +818
72 Jacobsen Capital Management 0.16% of their portfolio SALT LAKE CITY, UT 14,24414.2k $302.8k $302.8k 0.16% Unchanged
73 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 13,86513.9k $295.0k $295.0k 0.00% Reduced -7.5k -7,514
74 Security National Bank 0.08% of their portfolio OMAHA, NE 13,50013.5k $292.8k $292.8k 0.08% Unchanged
75 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 13,25013.2k $281.7k $281.7k 0.01% New
76 Texas Yale Capital Corp. 0.01% of their portfolio ST. PETERSBURG, FL 12,95012.9k $275.3k $275.3k 0.01% Reduced -95 -95
77 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 12,94812.9k $275.3k $275.3k 0.00% Added +893 +893
78 OLD MISSION CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 12,80912.8k $272.3k $272.3k 0.01% New
79 VICUS CAPITAL 0.03% of their portfolio STATE COLLEGE, PA 12,71212.7k $270.3k $270.3k 0.03% Added +469 +469
80 SMART Wealth LLC 0.20% of their portfolio Omaha, NE 12,58112.6k $267.5k $267.5k 0.20% Added +627 +627
81 Freedom Investment Management, Inc. 0.03% of their portfolio SOUTH WINDSOR, CT 12,29212.3k $261.3k $261.3k 0.03% Reduced -1.2k -1,199
82 Inspire Advisors, LLC 0.04% of their portfolio Meridian, ID 11,03811.0k $234.7k $234.7k 0.04% New
83 Stratos Investment Management, LLC 0.03% of their portfolio BEACHWOOD, OH 10,73610.7k $228.2k $228.2k 0.03% New
84 COLONY GROUP LLC 0.00% of their portfolio Boston, MA 10,26410.3k $218.0k $218.0k 0.00% Unchanged
85 Fortis Group Advisors, LLC 0.07% of their portfolio WESTWOOD, NJ 10,23310.2k $236.5k $236.5k 0.07% New
86 Private Portfolio Partners LLC 0.06% of their portfolio PARAMUS, NJ 10,09310.1k $214.6k $214.6k 0.06% Unchanged
87 Anson Capital, Inc. 0.40% of their portfolio TYRONE, GA 9,9459.9k $211.4k $211.4k 0.40% New
88 Kingsview Wealth Management, LLC 0.01% of their portfolio GRANTS PASS, OR 9,6559.7k $205.3k $205.3k 0.01% New
89 BSW Wealth Partners 0.04% of their portfolio BOULDER, CO 9,4129.4k $200.1k $200.1k 0.04% Unchanged
90 Cutler Group LLC / CA 0.03% of their portfolio SAN FRANCISCO, CA 9,3009.3k $197.0k $197.0k 0.03% Reduced -3.4k -3,356
91 WASHINGTON TRUST Co 0.01% of their portfolio WESTERLY, RI 7,9007.9k $168.0k $168.0k 0.01% Added +2.1k +2,150
92 Nemes Rush Group LLC 0.03% of their portfolio NOVI, MI 7,2957.3k $155.1k $155.1k 0.03% New
93 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 7,0827.1k $150.6k $150.6k 0.00% Added +4.7k +4,742
94 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.03% of their portfolio BLUE BELL, PA 5,1805.2k $110.1k $110.1k 0.03% Unchanged
95 AlphaMark Advisors, LLC 0.04% of their portfolio FT. WRIGHT, KY 4,7004.7k $100.0k $100.0k 0.04% Reduced -130 -130
96 Avior Wealth Management, LLC 0.01% of their portfolio OMAHA, NE 4,1994.2k $89.3k $89.3k 0.01% New
97 WR Wealth Planners, LLC 0.03% of their portfolio COLUMBIA, MO 4,0844.1k $86.8k $86.8k 0.03% Unchanged
98 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 3,4183.4k $72.7k $72.7k 0.00% Added +2.9k +2,937
99 Tradewinds Capital Management, LLC 0.02% of their portfolio BELLINGHAM, WA 2,7972.8k $59.5k $59.5k 0.02% Reduced -1.2m -1,174,233
100 Kelly Financial Services LLC 0.02% of their portfolio BRAINTREE, MA 2,5562.6k $54.3k $54.3k 0.02% Unchanged